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but is right now a good time to buy into an index fund? Or to buy any stock? Most things revert to the mean, and right now the market is substantially above me
by squirejons 13y ago
but is right now a good time to buy into an index fund? Or to buy any stock?
Most things revert to the mean, and right now the market is substantially above mean, and that market level is based on other aspects of the world that are currently also out of mean.
- ZeroGravitas 13y agoIsn't the standard advice to not invest unless you can wait 10 years for the ups and down to average out?
- john_b 13y agoThat is common Buffett-style advice. But he also advises that price matters. Matters a lot, in fact.
- judk 13y agoThere are two sides to buffet style advice: 1. Buy bargains when assets are underpriced. 2. Hold those assets for many years. Also, Buffet buys substantial or controlling fractions of a company, so the other owners can't scrwwo him. If you can't do that, you can't replicate his large scale success.
- infinite8s 13y agoNot only that - he's able to affect those long-term returns.
- onebaddude 13y ago>and right now the market is substantially above mean In what sense is it "substantially" above mean?
- anentropic 13y agothe mean of what... itself? historically? how do we judge this?